Gillian Tett
speaker
1,226 appearances
12 recordings
1 series
first heard May 2026
last heard 2 Sep
Gillian Tett’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 12 in all, peaking in Jul 2026 with 4.
Appearances
Wow.
Well if anyone thinks that monetary policy is boring, um think again.
Today on the Story of Money, a seemingly innocuous monetary reform that inflamed American politics for a whole generation.
And its unanticipated consequences were so disastrous and caused such vitriol.
that it came to be known as the crime of eighteen seventy three.
Now Robin's away this week, sadly, but here to tell the story with me is Yakut Ahmed,
An amazing author.
So Yakut, thanks for joining me.
Now your new book is called 1873.
Um and it's about the many financial disasters that happened around the world in that pivotal year.
And today we're looking at just one of those disasters, which at first glance appears to be rather boring.
is to do with a bit of financial legislation that was passed by US Congress in february eighteen seventy three.
But this particular law would open up a vicious political divide in US politics for decades afterwards.
And you're gonna tell us a story of the two politicians in particular whose careers were defined by this.
Well that's called a monetary policy cliffhanger.
So listen on and hear about who those two people were and why their bitter fight matters enormously.
for the Federal Reserve and governments today.
Particularly given that we're facing a lot of inflammatory debate around monetary politics all over again.
It's all coming up here on the story of money from the Financial Times with me, Gillian Tet.
So our story begins back in eighteen seventy three America.
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